What is dual key concept?
What Is The Dual Key Concept? Put simply, a dual key condo combines two units under one title. The idea behind it is that you have two separate units, each with its own individual bedroom and ensuite bathroom for privacy. There are common areas like the main entrance, kitchen, and living area which is for sharing.
Is dual key a good investment?
For every property investor, dollars are the key driver and a dual key apartment potentially offers greater income. So if you’re buying a dual key property, you’ll have two sets of rental incomes on one title, which, according to Birch, is probably the biggest drawcard.
What is a dual key condo?
Unlike regular condo units, dual-key condo units comprise two separate living spaces that are connected by a shared common foyer. Compared to regular condo units with the same number of bedrooms, dual-key condo units are typically 3% to 5% bigger in terms of floor area.
Is dual key unit good?
Investors are always looking out for a development with good rental so that they can cover as much of the monthly mortgage as possible, or as passive income for themselves. This makes dual key units a good option as you can get a higher rental yield as compared to a normal unit.
Why have a dual key concept?
The dual-key concept lets people enjoy their privacy, freedom, and independence that comes with having your own space and at the same time, experience the comfort and security from family who is just a door away. With these individual spaces, the dwellers can design the unit to fit their own style and lifestyle.
What is dual key access?
A dual key apartment is one apartment that is divided into two dwellings. The apartment may have a separate access point to each dwelling, or there may be a shared foyer through which there are two lockable doors to the dwellings.
What is dual key HDB?
Dual-key units These are units in executive condominiums designed to have two different-sized apartments under one roof. The second key would then allow you access to either the studio apartment or the larger apartment. The studio apartment is self-contained, with its own kitchenette and bathroom.
How big are the units in eight courtyards?
Eight Courtyards is a condominium development that is made up of a total of 656 units of 15-storey condominiums. There are 4 types of units available with various layouts that residents can browse through. The size of the units ranges between 549 square feet to 1,894 square feet.
How many dual key condos have there been?
So it is of little surprise to see that since the launch of Caspian by Fraser Centrepoint in 2009, dual key condo units have been quite popular – featuring in 93 condo developments so far. For those of you who are new to this concept – dual key condo units are basically two separate living spaces that share a main foyer.
Where are the eight courtyards in Sembawang located?
Eight Courtyards is a leasehold condominium development that is located at Canberra Drive in District 27. It is a condominium project that was completed recently. The project was completed in 2014 with a total of 656 units available for sale or rent.
Who is the developer of eight courtyards in Singapore?
The project was developed by Yishun Gold Pte Ltd, a small-scale property developer that has only developed this project in Singapore. Eight Courtyards is a beautiful condominium development that has many charms to it. There are various facilities that residents can enjoy while living in Eight Courtyards.